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Entrepreneurs need to understand when to step back from running a business Mr McCourt replaced one of Britain’s most famous entrepreneurs and inventors when he took the top job at Dyson in 2001. If anything, he believes that the change should have come a little sooner. At the time, he says, the management of the company was “starting to crack…

The modern business mantra of “under-promise, over-deliver” has been embraced by many an entrepreneur, but a new study suggests that it is bunkum. The research, carried out by two American universities, found that simply keeping promises is actually better than exceeding them. Researchers at the University of Chicago and the University of California, San Diego, conducted three experiments involving students…

Big businesses should be given tax breaks to encourage them to invest an estimated £670 billion in start-ups, according to an entrepreneurs’ manifesto backed by Luke Johnson, the venture capital veteran. A return to “corporate venturing” is one proposal included in a report published by the Centre for Entrepreneurs, which is calling for political parties to embrace the ideas of…

Figures from Premier Farnell are always hideously complicated and present as a blizzard of statistics. This is because the company, as the second-biggest distributor of electrical and electronic goods, is highly sensitive to global economic trends, reacting immediately to any improvement or downturn, and so short-term trends are closely monitored. Premier signalled the start of what looked like another global…

Flotations worth about £3 billion are expected to be unveiled this week as London’s main market heads towards a record-breaking year. Patric Johnson, the head of securities at Panmure Gordon, said that some planned flotations had been delayed by fears over the fallout from a “yes” vote. “All the banks had decided there was too much ambiguity [and fears] of…

An overwhelming majority of manufacturers believe it is vital that Britain remains as part of the European Union and that any new government plays “a leading role in Brussels”. The EEF said that 85 per cent of manufacturers believed that the national interest was best served by keeping the country in a reformed EU. Demands to remain in the European…